selection-foreground - Selection Foreground Alternative
This extension allows to change color of selected text and kinda implements functionality of native editor.selectionForeground property (which doesn't work currently).
So now you can use contrast selection background color and see things clearly.
Notes
It renders with a bit of delay, it's because of the way VSCode decorators work.
Features
Automatically highlights selected text with a specified color
Supports multiple selections
Configuration
selection-foreground.textColor - color of selected text (default: #000000)